Name Aution 48,000 sq ft Brick Building
Auctioneer Head Auctions
Type Online-Only Auction
Date(s) 6/18/2015 - 6/29/2015
Auction ends June 29th at 6pm
Preview Date/Time Inspection by appointment only. Qualified bidders can arrange an inspection by contacting William Head at 601-613-8693 to arrange viewing.
Checkout Date/Time Winning high bidder will be contacted by Head Auction to arrange the signing of the contract and collection of deposit check.
Location 411 Oak St.
Richton, MS 39476
Buyer Premium 13%
Description
Approximately 48,000 sq ft brick building with concrete floor on 3.77 acres to be auctioned online. Starting bid just $75,000. Located between Hattiesburg and Laurel in Richton, MS. Heated/Cooled, offices, loading docks, large asphalt parking lot
HEAD AUCTIONS & REALTY REAL ESTATE TERMS: The successful bidder will be required to make a 10% nonrefundable deposit the day of the auction. The sale IS NOT subject to the buyer’s ability to obtain financing nor any other contingency, feasibility period, or the results of inspections or appraisals. Should the buyer default and fail to close as specified, the buyer will forfeit their deposit, which will immediately be released to the Auction Co. / Broker. A 10% buyer’s premium is in effect and will be added to final bid accepted, subject to Sellers Confirmation, which will establish the final contract or sales price. Closing will be within 30 days of the auction date. If Seller fails to close or deliver clear title, the Auction Co. / Broker will not be responsible. If for any reason the sale cannot be consummated because of the seller, the down payment will be refunded. Closing costs will be paid for by the buyer. The property is offered “AS IS – WHERE IS” with no contingences, repairs, clean up or improvements. Prospective buyers should inspect the property prior to sale day. Information provided by auction co. is believed to be accurate; however, auction co. does not guarantee accuracy of the information provided. Successful bidder will be required to sign a contract upon conclusion of the bidding. Bidder understands and agrees that William Head and Head Auctions & Realty represents the Sellers and will not be considered an agent for the Bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 13%
Payment Terms
HEAD AUCTIONS & REALTY REAL ESTATE TERMS: The successful bidder will be required to make a 10% nonrefundable deposit the day of the auction. The sale IS NOT subject to the buyer’s ability to obtain financing nor any other contingency, feasibility period, or the results of inspections or appraisals. Should the buyer default and fail to close as specified, the buyer will forfeit their deposit, which will immediately be released to the Auction Co. / Broker. A 10% buyer’s premium is in effect and will be added to final bid accepted, subject to Sellers Confirmation, which will establish the final contract or sales price. Closing will be within 30 days of the auction date. If Seller fails to close or deliver clear title, the Auction Co. / Broker will not be responsible. If for any reason the sale cannot be consummated because of the seller, the down payment will be refunded. Closing costs will be paid for by the buyer. The property is offered “AS IS – WHERE IS” with no contingences, repairs, clean up or improvements. Prospective buyers should inspect the property prior to sale day. Information provided by auction co. is believed to be accurate; however, auction co. does not guarantee accuracy of the information provided. Successful bidder will be required to sign a contract upon conclusion of the bidding. Bidder understands and agrees that William Head and Head Auctions & Realty represents the Sellers and will not be considered an agent for the Bidder.
No shipping this is real estate